Bids for Yandex have reportedly been submitted by three businessmen and VTB Bank President Vladimir Putin has approved the sale of a controlling stake in Yandex, Russia’s largest internet company, to a consortium of three businessmen and VTB Bank, online news outlet The Bell reported on Monday, citing sources. Former Russian Finance Minister Aleksey Kudrin, who currently works as corporate development adviser to Yandex, reportedly met with Putin last week to discuss the future of the company. The move followed the exit of co-founder Arkady Volozh at the end of last year, after Yandex had announced plans in Novembe
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